PPG Industries (NYSE:PPG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.5 by 14 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. CLSA downgrades its view on PPG Industries (NYSE:PPG) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on May 6, 2016.
PPG Industries (NYSE:PPG): The mean estimate for the short term price target for PPG Industries (NYSE:PPG) stands at $122.08 according to 13 Analysts. The higher price target estimate for the stock has been calculated at $129 while the lower price target estimate is at $110.
PPG Industries (NYSE:PPG) witnessed a decline in the market cap on Tuesday as its shares dropped 0.33% or 0.36 points. After the session commenced at $108.65, the stock reached the higher end at $108.65 while it hit a low of $107.83. With the volume soaring to 1,346,303 shares, the last trade was called at $108.06. The company has a 52-week high of $118.69. The company has a market cap of $28,751 million and there are 266,063,409 shares in outstanding. The 52-week low of the share price is $82.93.
Shares of PPG Industries, Inc. rose by 0.92% in the last five trading days and 1.74% for the last 4 weeks. PPG Industries, Inc. has dropped 1.26% during the last 3-month period . Year-to-Date the stock performance stands at 10.18%.
PPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, optical and specialty materials and glass products. The Company operates business through three segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, architectural coatings-Americas and Asia Pacific, architectural coatings-EMEA, and protective and marine coatings operating businesses. It primarily supplies a range of protective and decorative coatings, sealants and finishes along with paint strippers, stains and related chemicals. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM) coatings, industrial coatings, packaging coatings, and the specialty coatings and materials operating businesses. The Glass segment consists of the flat glass and fiber glass businesses. It supplies flat glass and continuous-strand fiber glass products.